Swan Energy extends the company's drilling program to include oil and gas exploration in Texas, Oklahoma, and Colorado
DENVER, Aug. 29, 2012 /PRNewswire-iReach/ -- Swan Energy Inc. has currently reached a drilling milestone for the company. Swan Energy is currently participating in the drilling of oil and gas wells in 3 states: Texas, Oklahoma, and Colorado.
Swan Energy's Texas drilling program is a 10,000' wildcat well, which will test the Oil Creek formation in Fanin County, Texas.
The Golden Trend in Oklahoma continues to prove effective for Swan Energy's drilling program. Swan Energy has 16 wells in production and one currently drilling in Oklahoma.
Swan Energy is participating in one horizontal well currently drilling in the Wattenberg Field in Colorado. Swan Energy plans on participating in 10 more oil and gas wells over the next 5 months in the Wattenberg Field targeting the Niobrara and Codell formations.
Swan Energy continues its long-term commitment to the acquisition, exploration and production of domestic oil and natural gas fields in petroleum-rich areas across the United States.
About Swan Energy
Established in 1977, Swan Energy continues its long-term commitment to the exploration and production of proven oil and gas fields; specializing in the acquisition and development of domestic oil and natural gas fields in petroleum-rich areas across the United States.
As managing venturer, Swan Energy has participation opportunities in new oil and gas Joint Ventures for qualified investors; employing high standards of due diligence, creating a turnkey structure and managing cost effectively. For more information, visit http://www.swanenergyinc.com
SOURCE Swan Energy Inc.
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